The shorts are waiting for Monday morning to come. I think they may believe this was a flash in the pan. But if MER ceo gets fired the sector may rise into the fed meeting looking for 1/2 point cut.
There's a distinction between an operation and a stock.
The latter is "worth" what the specialist bids. IF he's bidding low, why..............he's picking up inventory.
There's a distinction between an operation and a stock.
The latter is "worth" what the specialist bids. IF he's bidding low, why..............he's picking up inventory.